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agasfer [191]
3 years ago
15

What is the factor of production that coordinates other factors of production​

Business
1 answer:
Andrews [41]3 years ago
5 0
An entrepreneur is a person who combines the other factors of production - land, labor, and capital - to earn a profit.
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Explain the importance of office for an organization long answer
Flura [38]

Answer:

The answer to this question is given below in this explanation section.

Explanation:

                  " importance of office for an organization"

An office is the center point of organization.It is a place to perform different activities of a business organization.The office is the brain of the whole organization.The office performs a critical function such as information collection,collection,recording analyzing distribution of information and executive function such as planning,organization,policies formulation,decision making etc.

It is used by management for the purpose of planning,organizing,staffing,directing,and controlling.Office not only keep record of information  but also pay the role of reliable channel of communication the information.It is required for smooth functioning of the organization.

Proper organisation facilities the intensive use of human capital.Organization stimulates creativity.By providing well defined areas of work and ensuring delegation of authority,Organization provides sufficient freedom to the managers and encourages their initiative,independent thinking and creativity.

6 0
3 years ago
Water is an extremely important part of nutrition, and we should drink water daily<br>True<br>False​
velikii [3]

This is definitely true for all people.

3 0
4 years ago
. A rise in the price of corn will cause a (Click to select) in the Supply Curve for corn. b. A decrease in the price of seed (a
Nadusha1986 [10]

Answer:

move along upwards

shift out

shift in

Explanation:

A change in price of a good leads to a movement along the supply curve and not a shift of the supply curve.

Other factors other than a change in the price of the good would lead to a shift of the supply curve. Such factors include :

  1. A change in the price of input
  2. A change in the number of suppliers
  3. Government regulations

When the price of corn increases, the quantity supplied of corn increases. this is in line with the law of supply.

according to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

This would lead to a movement up along the supply curve

If the price of seed which is an input to corn decreases, it becomes cheaper to produce corn. As a result, the supply of corn would increase. this would lead to an outward shift of the supply curve.

If the number of grocery stores decreases, there would be a reduction in supply. As a result, the supply curve would shift inwards

8 0
3 years ago
BruceCo is a small coffee company. Recently, the surgeon general announced that students who consume massive amounts of coffee t
wolverine [178]

Answer: The correct answer is "a. Opportunity".

Explanation: This would be considered an <u>OPPORTUNITY</u> for BruceCo.

This situation according to the SWOT analysis, represents an opportunity for BruceCo because the announcement of an authority reported on a benefit of coffee consumption, and this small coffee producer, can take advantage and exploit this announcement in order to increase its sales.

3 0
3 years ago
An economy enters an expansion and GDP increases from $34,000 to $40,000. What is the percent change in real GDP? Round your ans
Blababa [14]

The percent change in real GDP is 17.65%

<h3>What is the GDP of an economy?</h3>

The gross domestic product (GDP) is the sum of all value contributed to a given economy. The value-added is the difference between the value of the products and services produced and the value of the goods and services required to produce them.

The percent change in real GDP can be calculated by using the formula:

\mathbf{=\dfrac{New \ GDP - Old \ GDP}{Old \ GDP } \times 100}

\mathbf{=\dfrac{40000 -34000}{34000 } \times 100}

= 17.65%

Learn more about gross domestic product (GDP) here:

brainly.com/question/1383956

6 0
2 years ago
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